Airbnb (ABNB) Net Margin (2020 - 2026)
Airbnb (ABNB) posted Net Margin of 22.62% for Q2 2026, up 278.54% on a QoQ basis from 5.97% in Q1 2026, and up 188.0% year-over-year from 7.85% in Q2 2025.
Analysis
Airbnb (ABNB) Net Margin (2020 - 2026) Analysis & Trends
Airbnb has reported Net Margin for 7 years, with the latest figure at 22.62% in Q2 2026.
- On a quarterly basis, Net Margin rose 188.0% year-over-year to 22.62% in Q2 2026; TTM through Jun 2026 was 20.45%, a 222.0% decrease from a year earlier, with the FY2025 full-year figure at 20.51%, down 334.0% from the prior year.
- Net Margin was 22.62% for Q2 2026 at Airbnb, up from 5.97% in the prior quarter.
- The five-year high for Net Margin was 128.91% in Q3 2023, with the low at 17.72% in Q4 2023.
- Average Net Margin over 5 years is 22.73%, with a median of 18.3% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Net Margin surged 13090 bps in 2022, then sank 9225 bps in 2024.
- Over 5 years, Net Margin stood at 16.77% in 2022, then slumped by 206 bps to 17.72% in 2023, then soared by 205 bps to 18.59% in 2024, then tumbled by 34 bps to 12.28% in 2025, then jumped by 84 bps to 22.62% in 2026.
- The last three Net Margin figures came in at 22.62% (Q2 2026), 5.97% (Q1 2026), and 12.28% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | 3.92% |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 26.52% |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | 24.19% |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 22.62% |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 4.58% |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 17.55% |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 20.28% |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 10.45% |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn | -6.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.62% |
| Mar 31, 2026 | 5.97% |
| Dec 31, 2025 | 12.28% |
| Sep 30, 2025 | 33.55% |
| Jun 30, 2025 | 20.74% |
| Mar 31, 2025 | 6.78% |
| Dec 31, 2024 | 18.59% |
| Sep 30, 2024 | 36.66% |
| Jun 30, 2024 | 20.20% |
| Mar 31, 2024 | 12.32% |
| Dec 31, 2023 | -17.72% |
| Sep 30, 2023 | 128.91% |
| Jun 30, 2023 | 26.17% |
| Mar 31, 2023 | 6.44% |
| Dec 31, 2022 | 16.77% |
| Sep 30, 2022 | 42.09% |
| Jun 30, 2022 | 18.01% |
| Mar 31, 2022 | -1.26% |
| Dec 31, 2021 | 3.56% |
| Sep 30, 2021 | 37.27% |